PTC Management

Management criteria checks 2/4

PTC's CEO is Jim Heppelmann, appointed in Oct 2010, has a tenure of 13.33 years. total yearly compensation is $15.62M, comprised of 5.4% salary and 94.6% bonuses, including company stock and options. directly owns 0.84% of the company’s shares, worth R$884.29M. The average tenure of the management team and the board of directors is 4.4 years and 4.8 years respectively.

Key information

Jim Heppelmann

Chief executive officer

US$15.6m

Total compensation

CEO salary percentage	5.4%
CEO tenure	13.3yrs
CEO ownership	0.8%
Management average tenure	4.4yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jim Heppelmann's remuneration changed compared to PTC's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	US$237m
Sep 30 2023	US$16m	US$850k	US$246m
Jun 30 2023	n/a	n/a	US$307m
Mar 31 2023	n/a	n/a	US$316m
Dec 31 2022	n/a	n/a	US$342m
Sep 30 2022	US$13m	US$881k	US$313m
Jun 30 2022	n/a	n/a	US$499m
Mar 31 2022	n/a	n/a	US$480m
Dec 31 2021	n/a	n/a	US$499m
Sep 30 2021	US$13m	US$800k	US$477m
Jun 30 2021	n/a	n/a	US$237m
Mar 31 2021	n/a	n/a	US$221m
Dec 31 2020	n/a	n/a	US$119m
Sep 30 2020	US$47m	US$800k	US$131m
Jun 27 2020	n/a	n/a	US$87m
Mar 28 2020	n/a	n/a	US$38m
Dec 28 2019	n/a	n/a	-US$13m
Sep 30 2019	US$11m	US$800k	-US$27m
Jun 29 2019	n/a	n/a	-US$24m
Mar 30 2019	n/a	n/a	US$8m
Dec 29 2018	n/a	n/a	US$59m
Sep 30 2018	US$50m	US$800k	US$52m
Jun 30 2018	n/a	n/a	US$56m
Mar 31 2018	n/a	n/a	US$38m
Dec 30 2017	n/a	n/a	US$29m
Sep 30 2017	US$11m	US$800k	US$6m

Compensation vs Market: Jim's total compensation ($USD15.62M) is above average for companies of similar size in the BR market ($USD5.91M).

Compensation vs Earnings: Jim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Jim Heppelmann (59 yo)

13.3yrs

Tenure

US$15,617,171

Compensation

Mr. James E. Heppelmann, also known as Jim, has been an Independent Director of Agile Growth Corp. since 2021. He has been the Chief Executive Officer of PTC Inc. since October 1, 2010 and serves as its Ch...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
James Heppelmann	CEO & Chairman of the Board	13.3yrs	US$15.62m	0.84% $ 891.0m
Michael DiTullio	President & COO	less than a year	US$6.98m	0.048% $ 51.3m
Kristian Talvitie	Executive VP & CFO	4.8yrs	US$6.44m	0.039% $ 41.9m
Aaron Von Staats	Executive VP	21yrs	US$4.13m	0.016% $ 17.5m
Steve Dertien	CTO & Executive VP	5.1yrs	no data	no data
Matthew Shimao	Senior Vice President of Investor Relations	no data	no data	no data
Catherine Kniker	Executive VP & Chief Strategy and Marketing Officer	less than a year	US$2.61m	0.013% $ 13.5m
Lisa Reilly	Executive VP & Chief People Officer	1.9yrs	no data	no data
Jamie Pappas	Chief Revenue Officer	1.3yrs	no data	no data
Eric Snow	Senior Vice President of Corporate Marketing	5.1yrs	no data	no data
Kevin Wrenn	Chief Product Officer	4.1yrs	no data	no data
Catherine Gorecki	Senior VP of Corporate & Securities Counsel and Assistant Secretary	no data	no data	no data

4.4yrs

Average Tenure

56.5yo

Average Age

Experienced Management: P2TC34's management team is considered experienced (4.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
James Heppelmann	CEO & Chairman of the Board	16.1yrs	US$15.62m	0.84% $ 891.0m
Paul Lacy	Independent Director	14.2yrs	US$362.41k	0.049% $ 52.1m
Robert Schechter	Independent Director	14.4yrs	US$452.49k	0.052% $ 55.4m
Janice Chaffin	Lead Independent Director	10.5yrs	US$357.41k	0.045% $ 48.2m
Neil Barua	Director	less than a year	US$14.35m	0.016% $ 17.3m
Amar Hanspal	Independent Director	1.8yrs	US$314.91k	0.0032% $ 3.4m
Mark Benjamin	Independent Director	3yrs	US$342.41k	0.0054% $ 5.7m
Corinna Lathan	Independent Director	6.5yrs	US$332.41k	0.0065% $ 6.8m
Janesh Moorjani	Independent Director	less than a year	US$566.48k	no data
Michal Katz	Independent Director	2yrs	US$318.84k	0.0013% $ 1.4m

4.8yrs

Average Tenure

57yo

Average Age

Experienced Board: P2TC34's board of directors are considered experienced (4.8 years average tenure).

PTC Management

Management criteria checks 2/4

Key information

Recent management updates

PTC Inc. Announces Appointment of Alice Christenson as Chief Accounting Officer (Principal Accounting Officer)

Ptc Inc. Announces Resignation of Blake Moret as Director

Ptc Inc. Appoints Janesh Moorjani to the Board of Directors and to Serve as A Member of the Audit Committee of the Board of Directors

PTC Inc. Appoints Hanspal to the Nominating and Cybersecurity Committees of the Board of Directors

PTC Inc. Appoints Michal Katz to Audit Committee of the Board of Director

PTC Inc., Annual General Meeting, Feb 14, 2024

Recent updates

PTC Inc. to Report Q2, 2024 Results on May 01, 2024

PTC Inc. Announces Appointment of Alice Christenson as Chief Accounting Officer (Principal Accounting Officer)

PTC Inc. Provides Earnings Guidance for the Second Quarter and Reaffirms Earnings Guidance for the Fiscal Year 2024

PTC Inc. to Report Q1, 2024 Results on Jan 31, 2024

PTC Inc. Provides Earnings Guidance for the First Quarter and Full Year of Fiscal 2024

PTC Inc. to Report Q4, 2023 Results on Nov 01, 2023

PTC Inc. (NasdaqGS:PTC) acquired Pure-Systems Gmbh.

PTC Inc. has completed a Follow-on Equity Offering in the amount of $826.530784 million.

Ptc Inc. Announces Resignation of Blake Moret as Director

PTC Inc. to Report Q3, 2023 Results on Jul 26, 2023

Ptc Inc. Appoints Janesh Moorjani to the Board of Directors and to Serve as A Member of the Audit Committee of the Board of Directors

PTC Brings Creo to the Cloud with Introduction of Creo+

PTC Inc. Appoints Hanspal to the Nominating and Cybersecurity Committees of the Board of Directors

Ptc Inc. Revises Revenue Guidance for the Fiscal Year 2023

PTC Inc. to Report Q1, 2023 Results on Feb 01, 2023

PTC Inc. Appoints Michal Katz to Audit Committee of the Board of Director

PTC Inc. (NasdaqGS:PTC) completed the acquisition of ServiceMax, Inc. from ServiceMax JV, LP.

PTC Inc., Annual General Meeting, Feb 14, 2024

PTC Inc. (NasdaqGS:PTC) entered into a definitive agreement to acquire ServiceMax, Inc. from ServiceMax JV, LP for $1.5 billion.

PTC Inc. (NasdaqGS:PTC) entered into a definitive agreement to acquire ServiceMax, Inc. from ServiceMax JV, LP for $1.5 billion.

PTC Inc. Provides Financial Guidance for the First Quarter and Full Year of Fiscal 2023

PTC Inc. to Report Q4, 2022 Results on Nov 02, 2022

PTC Introduces Onshape-Arena Connection to Accelerate Product Development and Supply Chain Collaboration

PTC Inc. Revises Earnings Guidance for the Year 2022

PTC Inc. to Report Q3, 2022 Results on Jul 27, 2022

ITC Infotech India Ltd. completed the acquisition of PLM implementation services business of PTC Inc. (NasdaqGS:PTC) for $120 million.

PTC Inc. Announces Management Changes

PTC Inc. Announces Management Changes

PTC Announces Availability of Creo 9

PTC Inc. (NasdaqGS:PTC) completed the acquisition of Intland Software GmbH.

PTC Inc. Revises Consolidated Earnings Guidance for the Fiscal Year 2022

ITC Infotech India Ltd. agreed to acquire PLM implementation services business of PTC Inc.

PTC Inc. (NasdaqGS:PTC) signed a definitive agreement to acquire Intland Software GmbH for $280 million.

PTC Accelerates Customers' Journeys to SaaS with New Windchill+ Offering

PTC Inc. to Report Q2, 2022 Results on Apr 27, 2022

CEO Compensation Analysis

CEO

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Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age